AVB on NYSE

AvalonBay

Logo: Georgejelias, Public domain, via Wikimedia Commons4

Former American real estate company

AvalonBay Communities, Inc. was a publicly traded real estate investment trust that invested in apartments.3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 16, 2026.

Overview

1978Founded1

Compare with INNSUITES HOSPITALITY TRUST, MANHATTAN BRIDGE CAPITAL, INC or Essex Property Trust, Inc., or pick any stock.

  • TickerAVB on NYSE1
  • Industryreal estate investment trust1
  • HeadquartersArlington County1
  • Websitewww.avaloncommunities.com
  • Incorporated inMD5
  • Business address4040 Wilson Boulevard, Ste 1000, Arlington, Va 222035
  • Filer categoryLarge accelerated filer5

See how the biggest companies compare on our leaderboards

AvalonBay Communities, Inc. was a publicly traded real estate investment trust that invested in apartments. In August 2026, the company merged with Equity Residential to form Vivmark Residential.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

28698.5%Operating margin6
15004.2%Net margin6
-0.6%Revenue growth, 20256
9.1%Return on equity6
0.80×Debt to equity6

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Interest20¢$259.2M
  • Income tax0¢$1.1M
  • Profit80¢$1.1B

Out of $7.0M in revenue.6

Where each dollar of operating cash went, fiscal 2025

  • Share buybacks29¢$488.1M
  • Kept or used elsewhere71¢$1.2B

Out of $1.7B of cash from operations.6

Financial statements

Revenue789106$7.0M in 2025+42% since 2019
0$2.0M$4.0M$6.0M$8.0M2019: $5.0M$5.0M20192020: $3.8M$3.8M2020−23%2021: $3.1M$3.1M2021−19%2022: $6.3M$6.3M2022+105%2023: $7.7M$7.7M2023+22%2024: $7.1M$7.1M2024−8%2025: $7.0M$7.0M2025−1%
Operating income789106$2.0B in 2025+30% since 2019
0$1.0B$2.0B$3.0B2019: $1.6B$1.6B20192020: $1.5B$1.5B2020−5%2021: $1.5B$1.5B2021−1%2022: $1.7B$1.7B2022+17%2023: $1.8B$1.8B2023+5%2024: $1.9B$1.9B2024+7%2025: $2.0B$2.0B2025+6%
Net income789106$1.1B in 2025+34% since 2019
0$500.0M$1.0B$1.5B2019: $786.1M$786.1M20192020: $827.7M$827.7M2020+5%2021: $1.0B$1.0B2021+21%2022: $1.1B$1.1B2022+13%2023: $928.8M$928.8M2023−18%2024: $1.1B$1.1B2024+16%2025: $1.1B$1.1B2025−2%
Fiscal year2019202020212022202320242025
Revenue$5.0M7$3.8M8$3.1M9$6.3M10$7.7M6$7.1M6$7.0M6
Operating income$1.6B7$1.5B8$1.5B9$1.7B10$1.8B6$1.9B6$2.0B6
Interest$203.6M7$214.2M8$220.4M9$230.1M10$206.0M6$226.6M6$259.2M6
Income tax$13.0M7-$3.2M8$5.7M9$14.6M10$10.2M6$445.0K6-$1.1M6
Net income$786.1M7$827.7M8$1.0B9$1.1B10$928.8M6$1.1B6$1.1B6
Earnings per share$5.647$5.898$7.199$8.1310$6.566$7.616$7.406
Earnings per share (diluted)$5.637$5.898$7.199$8.1210$6.566$7.606$7.406

Compare AvalonBay with another company

How it started

History

The company was formed by the 1998 merger between Avalon Properties Inc. and Bay Apartment Communities Inc. The merged company owned 40,506 apartment units. Avalon Properties was formed in 1993 as a spinoff from Trammell Crow Company and was led by Richard Michaux, as chairman and CEO, and Chuck Berman, president, COO, and board member. Bay Apartment Communities was formed in 1994 from the apartment business established by Mike Meyer in 1978.

In February 2013, the company and Equity Residential closed a $9 billion deal to acquire Archstone from Lehman Brothers.

In August 2026, the company was acquired by Vivmark Residential.

CEO history

In February 2001, Bryce Blair was named CEO, and the additional role of chairman in January 2002.

From Wikipedia’s article on AvalonBay, shared under CC BY-SA 4.0.3

Subsidiaries and ownership

Also owns

  • Archstone
  • Avalon

From Wikidata.1

Former names

  • AVALON BAY COMMUNITIES INCAug 3, 1998 to Oct 6, 19985
  • BAY APARTMENT COMMUNITIES INCFeb 13, 1995 to Jun 2, 19985

Timeline

  1. Jun 5, 1998Went public Listed on NYSE1
  2. 1978Founded Founded1

Recent filings

  1. Aug 17, 20268-K
  2. Aug 17, 20264
  3. Aug 17, 20264
  4. Aug 17, 20264
  5. Aug 17, 20264
  6. Aug 17, 20264
  7. Aug 17, 20264
  8. Aug 17, 20264
  9. Aug 17, 20264
  10. Aug 17, 20264
  11. Aug 17, 20264
  12. Aug 17, 20264
  13. Aug 17, 20264
  14. Aug 17, 20264
  15. Aug 17, 20264

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14